Sacks Parente Golf Inc.’s stock SPGC was up 118% Tuesday on its first day of trading on the Nasdaq, after the company upsized its initial public offering by 200,000 shares at pricing. The deal priced at $4.00 a share, the low end of a proposed $4 to $5 range. Underwriter The Benchmark Company sold 3.2 million shares to raise $12.8 million shares with proceeds earmarked for expansion into Asia, marketing and professional tour related expenses and working capital, among other things. The stock is trading under the ticker “SPGC.” The company is not profitable; it had a net loss of $3.5 million in 2022, wider than the loss…
